In 2023, the investment in Ocean Energy (excluding offshore wind) RD&D in France stood at approximately 16.95 million USD PPP. Over the forecast period from 2024 to 2028, the investment is set to increase steadily. Between 2024 and 2025, a year-on-year increase of approximately 2.64% is projected. The trend continues with similar increments, showing a cumulative average growth rate (CAGR) of around 2.55% per year over the 5-year period from 2024 to 2028, reaching 19.22 million USD PPP by 2028.
Future trends to monitor in the ocean energy sector include technological advancements aimed at cost reduction, increased deployment of pilot projects, and potential policy changes that could bolster support for clean energy initiatives, influencing investment levels significantly.